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National Bank of Greece

National Bank of Greece S.A.
Εθνική Τράπεζα της Ελλάδος Α.Ε.
Anonymi Etairia
Public company
Traded as
OTC Pink:
Industry Financial services
Founded 1841
Headquarters Aiolou 86, Athens, Greece
Number of locations
1115 branches (Q4 2015)
Key people
Leonidas Fragiadakis (CEO)
Panayiotis Thomopoulos (Chairman)
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management
Revenue Decrease2.222 billion (2015)
Decrease€810 million (2015)
Profit Decrease-€2.615 billion (2015)
Total assets Decrease€81.7 billion (Q3 2016)
Total equity Decrease€7.071 billion (2015) Common Equity Tier 1 capital = 16.8% (fully loaded Basel III)
Owner Hellenic Financial Stability Fund (40.39%)
Number of employees
Decrease 19.800 (Q4 2015)
Subsidiaries
Website www.nbg.gr

Coordinates: 37°58′51.6″N 23°43′44.5″E / 37.981000°N 23.729028°E / 37.981000; 23.729028

The National Bank of Greece (NBG; Greek: Εθνική Τράπεζα της Ελλάδος) is a global banking and financial services company with its headquarters in Athens, Greece. From the operations in Greece come 85% of its pretax preprovision profits, complemented by 15% from Southeastern Europe. The group offers financial products and services for corporate and institutional clients along with private and business customers. Services include banking services, brokerage, insurance, asset management, shipping finance, leasing and factoring markets. The group is the second largest Greek bank by total assets and the second largest by market capitalisation of 2.25 Billion Euro as at 11 January 2017. It is the largest by deposits in Greece, it is not the largest by assets in Greece, trailing Piraeus Bank. It is third largest by Greek loan assets trailing Piraeus Bank and Alpha Bank.

The Swiss banker Jean-Gabriel Eynard and Georgios Stavros founded NBG in 1841 as a commercial bank. Stavros was also elected as the first director of the Bank until his death in 1869. From NBG's inception until the establishment of the Bank of Greece in 1928, NBG enjoyed the right to issue banknotes. When the was founded in 1880, NBG immediately listed on the exchange, a listing it has retained to the present.

The bank is currently listed on the Athens Exchange (: , ISIN GRS003003019); it is a constituent of the FTSE/Athex Large Cap index. From 1999 to 2015 it was listed on the (NYSE:NBG, ADR, ISIN US6336437057).


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